TR
Tootsie Roll Industries, Inc.
TR's fundamentals are mixed, but it looks expensive: trading at 34x earnings, in line with its usual 32x. Its downside scenario is more than twice its upside.
TR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
TR's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
TR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 25x | $28.16 | -26% |
| Fair | 32x | $35.71 | -6.1% |
| Current | 34x | $38.02 | — |
| Expensive | 37x | $40.70 | +7.1% |
Historical ranges are pointers, not guarantees.
TR's PE is in its fair range at 34x.
TR Forward outlook
There aren't enough analyst estimates for TR to show an outlook.
TR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.11 | -11% |
| Q2 2026 | $1.28 | +5.8% |
| Q1 2026 | $1.33 | +13% |
| Q4 2025 | $1.33 | +16% |
| Q3 2025 | $1.25 | +1.6% |
| Q2 2025 | $1.21 | -3.2% |
| Q1 2025 | $1.18 | -4.1% |
| Q4 2024 | $1.15 | -4.2% |
TR earned $1.11 per share over the past year, down 11% from the year before.
TR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $229.1M | -1.6% |
| Q2 2026 | $154.2M | -0.6% |
| Q1 2026 | $151.5M | +2.1% |
| Q4 2025 | $196.3M | +1.5% |
| Q3 2025 | $232.7M | +3% |
| Q2 2025 | $155.1M | +2.9% |
| Q1 2025 | $148.5M | -3.1% |
| Q4 2024 | $193.4M | -2% |
TR's revenue grew through 2022 and has held roughly level since: $229M last quarter, down 1.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -3.1 points |
| Q2 2026 | -1.1% | -8.9 points |
| Q1 2026 | 15% | -0.2 points |
| Q4 2025 | 17% | -3 points |
| Q3 2025 | 14% | -1.7 points |
| Q2 2025 | 7.8% | -2.4 points |
| Q1 2025 | 16% | +8.3 points |
| Q4 2024 | 20% | +5.6 points |
TR's operating margin was 11% last quarter, down 3.1 points from the same quarter a year ago.
TR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $24.3M | -52% |
| Q2 2026 | -$34.8M | -$18.7M |
| Q1 2026 | $3.3M | +339% |
| Q4 2025 | $61M | -5.8% |
| Q3 2025 | $50.7M | -9.2% |
| Q2 2025 | -$16M | +$503K |
| Q1 2025 | $750K | -96% |
| Q4 2024 | $64.7M | +36% |
TR still generates free cash flow, though less than at its 2024 peak: $54M over the past year.
TR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -229K shares |
| 1 year | -0.3% | -259K shares |
| 3 years | -1.7% | -1.3M shares |
| 5 years | -4% | -3.1M shares |
| Available history | -7.1% | -5.7M shares |
TR has 75M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $13.7M |
| Q4 2025 | $1,000 |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $6.5M |
| Q4 2024 | $11.3M |
| Q4 2023 | $5.6M |
| Q3 2023 | $11M |
TR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.6x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.0x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -1.2x | Net Cash |
TR has more cash than debt.
TR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.4 | Neutral |
| Stochastic | 49.8 | Neutral |
TR's weekly RSI is 48 (neutral) and its Stochastic is 50 (neutral).
TR PE vs Consumer Defensive Sector
| Metric | TR | Sector median | Relative |
|---|---|---|---|
| PE | 34x | 19x | 75% above |
| PE % | 64 | 18 | 46 pts above |
TR is trading at 34x earnings, a 75% premium to the Consumer Defensive sector's median of 19x.
TR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $37.6 | 1.3% above |
| 20 week MA | $38.7 | 1.6% below |
| 50 week MA | $39.2 | 3.1% below |
| 100 week MA | $36.1 | 5.2% above |
| 200 week MA | $33.3 | 14% above |
TR's trend is mixed: it's above three of its five weekly moving averages, and 14% above its 200-week average.
TR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.4 | $24.7 | -9.8% |
| 2021 | $24.7 | $31.3 | +27% |
| 2022 | $31.3 | $37.5 | +20% |
| 2023 | $37.5 | $29.5 | -21% |
| 2024 | $29.5 | $29.7 | +0.5% |
| 2025 | $29.7 | $37.5 | +26% |
| 2026 YTD | $37.5 | $38.0 | +1.5% |
TR has finished higher in four of the last six years. It's up 1.5% so far in 2026.